Plymouth-based tungsten miner Wolf Minerals (LON:WLFE) has received a further £10mln in bridge loan finance from its main backer Resource Capital.
An existing bridge loan facility will rise to £40mln from £30mln to give the company time to get the mine at Hemerdon working at optimal levels.
Asiamet PLC (LON:ARS) has published a meaty upgrade to the copper resource at its BKM project in Kalimantan, Indonesia. The BKM Copper deposit is now estimated to contain Measured and Indicated Resources of 49.2mln tonnes at 0.70% at a 0.2% cut-off grade.
Victoria Oil & Gas plc (LON:VOG) chief executive Ahmet Dik described as “very positive” the results from two new wells it is drilling at a site outside Cameroon’s second city, Douala. La-107 and La-108, next to the existing operation on the Logbaba production site, found a combined 135 metres net gas pay, which exceeded expectations VOG BP FEB
The day after a wave of cyber-attacks worldwide was a good day for Corero Network Security PLC(LON:CNS) to announces its latest contract win, worth around US$400k with a US federal government agency.
Complexities surrounding the disposal of its former subsidiary, Center Point Development Corp, mean PCG Entertainment Plc (LON:PCGE) is unlikely to publish its accounts for the 15 months to end-March by the end of June.
Kromek Group PLC (LON:KMK), the maker of radiation detection technology used in medical devices and security, said it is seeing a “step change” across the business with revenues expected grow 40% in the current year – in line with previous forecasts. The company, headquartered in Durham, is now reaping the rewards of two years hard work as it is delivering the orders it has generated in that time.
A boost from the fall in the pound's value enabled East European property developer Secure Property Development & Investment PLC (LON:SPDI) to boost net assets. In per share terms, asset value rose to 37p from 35p in 2016 even though in euros the aggregate value fell to €38.9mln (€42.5mln).
Atlantis Resources PLC’s (LON:ARL) five year bond offer has got off to a record breaking start on renewable energy crowd-funding platform Abundance Investment. Atlantis’s offer raised more than £1mln in subscriptions within 24 hours of the formal launch of the bond. It represents a new subscription record for offerings launched via Abundance, a peer-to-peer ‘ green investment’ platform. The offer aims to raise between £2-5mln and closes on 16 August 2017.
Landore Resources Limited (LON:LND) has hit more wide intevals of gold from drilling at BAM East in Ontario, Canada. One hole saw a width of 18.79m at 3.65 grams per tonne gold (g/t) with others showing 12.25 g/t gold and at 5.08 g/t over narrower intervals.